• Average Raleigh Sales Price: The average sale price rose this month in relation to last January. The average price of homes sold in January was $405,367. That's an increase of 12% over last year in January. • Days On Market: The average days on market before a sale dropped dramatically this month compared to last January. The average days on market for January was 20 days. That's down 48.7% from January last year. • Raleigh Active Listings:This is the BIG one. Active listings fell, thud, this month. Listings dropped a whopping 60.3% from last year in January 2020. According to the Triangle MLS, "January started off strong for the housing market, with healthy buyer demand and strong market fundamentals. A robust increase in housing starts in December points to an active year for new construction, but higher material costs, especially lumber, and a limited supply of buildable lots will temper the number of new units. The Mortgage Bankers Association's January research estimates approximately 2.7 million homeowners with mortgages are currently in forbearance plans. Some of these homes may eventually come to market, but given the strong appreciation in most market segments in recent years, these eventual home sales are likely to be mostly traditional sellers. However, a modest increase in short sales and foreclosures at some point this year would not be surprising." If you are thinking about selling your home, now is an EXCELLENT time. We're always in need of good homes and know how to prepare and market your home safely during this unusual time. If you're looking for a strong Seller agent, Please Contact us, we'd love to help you sell your home! If you are looking into buying a home, make sure you are Buyer-Ready, and that you are able to make decisions quickly. The best way to do this is to make sure you are with a strong Realtor that knows how to manage these situations and who will keep you on top of all the important information and steps in this challenging time. People are out there and They're Buying Now. If you're looking for an Experienced, Knowledgeable Buyer Realtor to show you around the ins and outs of this market, we'd love to help. We specialize in the Triangle communities and surrounding areas. We sell a lot of homes and we know what we're doing. Contact us and we can help you too :-) The Raleigh Housing Market Reports below will give you a detailed look inside the current and past Raleigh Area Housing Market. Wake County Housing Market Updates - January 2021Raleigh Housing Market Updates - January 2021Cary/Apex/Morrisville Housing Market Updates - January 2021Wake Forest Housing Market Updates - January 2021Raleigh Housing Market Report Archives
If you have questions about the Raleigh Real Estate Market,
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
If you have questions about any homes in Raleigh or any North Raleigh Homes
Email Us or Call Us Today at 919-624-6726
Return to Homes in Raleigh Home PageContent By Erin Bohner
North Raleigh Homes - Midtown Homes - Inside The Beltline Homes - Raleigh Luxury Homes - Wake Forest Homes - Cary Homes - Raleigh Subdivisions
Raleigh Luxury Subdivisions - North Raleigh Subdivisions - Midtown Raleigh Subdivisions - Inside The Beltline Subdivisions
Raleigh Golf Homes - Bedford at Falls River - Barton's Creek - Falls River - Long Lake - Raleigh Schools - Buyers - Sellers
Raleigh Fun - Raleigh Restaurants - Community Info - Raleigh Utilities - Raleigh Weather
About Us - Contact Us - Privacy - Partners - Resources - Site Map
Copyright ©1999-2016 All Rights Reserved
